20500 Concord St, Detroit, MI 48234

$75,000 Asking Price

3 beds
1 bath
887  sqft
Built in 1944

Excellent investment opportunity on the east side! Close to major freeways and many local amenities. Home has been well maintained currently being rented at $1,025/month. Tenant on a month-to-month lease. Seller also has 20410 Concord St., 20123 Concord St., and 20215 Concord St. for sale. Willing to sell individually or as a package deal. Don't miss out on a chance to have instant cash flow. DO NOT APPROACH OR DISTURB THE TENANT. No Showings Until Accepted Offer. Buyer/Buyer Agent to verify all room measurements.


Features & Amenities

Interior

Basement:
Unfinished
Heating:
Natural Gas, Forced Air

Exterior

General:
Vinyl Siding, Fenced Yard,Porch
Style:
Bungalow

Construction

General:
1 1/2 Story, Basement

Location

Road/Access:
Paved Street
Originating MLS:
RealComp
School District:
Detroit City School District
County:
Wayne

Lot

Zoning:
Property exempt from Ad Valorem taxes and assessed on the Special Act Roll pursuant to PA 261 of 2003 expiring 12/30/2024. E CONCORD 15 LAURENCE PARK SUB L38 P51 PLATS, W C R 15/256 40 X 127, W15I011266S

Utilities

Water:
Public Water
Sewer:
Public Sanitary

Financial

Source:
RealComp
Listing Agent Compensation:
Yes Percent
Buyers Agent Compensation:
Yes Percent

This listing courtesy of:
Spartan Realty Group, Pamela Smith

About Detroit, MI

Housing

Number of Units
292,561
Median Home Value
$70,234
Median Rent
$679

53.65% of housing units are renter occupied.

18.25% are vacant.

Commute

Car
71.17%
Public Transportation
5.99%
Walk to Work
3.15%
Work from Home
17.73%
Other
1.42%

The median travel time to work is 23 minutes.

People

Population
593,210
Median Age
36.40
Median Household Size
2.38

Education

High School
33.32%
Associate’s Degree
7.33%
Bachelor’s Degree
9.43%
Graduate Degree
6.96%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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